GF supplements the tender offer document relating to the voluntary recommended public cash tender offer for all shares in Uponor

GF Supplements the Tender Offer Document Relating to the Voluntary Recommended Public Cash Tender Offer for all Shares in Uponor

Uponor Corporation, Stock Exchange Release, July 25, 2023, 4.00 p.m. EEST

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH THIS TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW.

Georg Fischer Ltd. (“GF” or the “Offeror”) has, on June 26, 2023, commenced a voluntary recommended public cash tender offer for all the issued and outstanding shares in Uponor Corporation (“Uponor”) that are not held by Uponor or any of its subsidiaries (the “Tender Offer”).

The Finnish Financial Supervisory Authority has today approved a supplement (the “Supplement Document”) to the tender offer document relating to the Tender Offer (the “Tender Offer Document”). The Supplement Document relates to the half-year financial report for the first half-year of 2023, published by Uponor on July 20, 2023 (the “Half-Year Financial Report”), including the updated guidance for 2023, which the Offeror supplements the Tender Offer Document with. The Supplement Document and the Half-Year Financial Report are added to this release as Appendix 1.

The Finnish language version of the Tender Offer Document is available, and the Finnish language version of this Supplement Document is available as of July 25, 2023, on the internet at goingforward-movingwater.georgfischer.com/fi. The English language translation of the Tender Offer Document is available, and the English language translation of this Supplement Document is available as of July 25, 2023, on the internet at goingforward-movingwater.georgfischer.com/en.

Advisors

UBS AG acts as financial advisor to GF in connection with the Tender Offer and Skandinaviska Enskilda Banken AB (publ) Helsinki Branch (“SEB”) as local financial adviser to GF and arranger in connection with the Tender Offer. In addition, GF has retained White & Case LLP as legal advisor in connection with the Tender Offer and Tekir Ltd as communication advisor.

Uponor has retained Nordea and Goldman Sachs International as financial advisors and Hannes Snellman Attorneys Ltd as legal advisor in connection with the Tender Offer and Hill and Knowlton Finland Oy as communication advisor.

Media and Investor Enquiries, Uponor

Franciska Janzon, Senior Vice President, Corporate Communications/IR, Uponor
[e-mail]